September 2020 County Labor Market Information

Unemployment Rate for San Luis Obispo County decreased in August 2020.

The San Luis Obispo County Monthly Employment Report (August 2020) shows a decrease in the civilian labor force, an increase in civilian employment, and a decrease in civilian unemployment.

 

Unemployment

The California Employment Development Department (EDD) reported the unemployment rate was 7.8% in August 2020, down from a revised 10% in July 2020. SLO County remains the 13th lowest Unemployment Rate in California. The unadjusted Unemployment Rate in California is 11.6% and 8.5% for the nation during the same period.

 

Month-over Job Changes

Leisure & Hospitality and Trade, Transportation & Utilities experienced the most gains adding 200 jobs each during the month of August. Both the Mining, Logging, and Construction and the Professional & Business Services industries had gains of 100 jobs each.

The Information and Manufacturing industries experienced no change in the month of August.

Educational & Health Services experienced the most loss, losing 300 jobs in August. Government lost 200 jobs. The Other Services and Financial Activities industries had losses of 100 jobs each.

Total Farm experienced a loss of 300 jobs.

In August, San Luis Obispo County employers experienced a loss of 400 jobs overall.

 

Year-over Job Changes

Between August 2019 and August 2020, all industries experienced year-over losses.

The Leisure & Hospitality industry experienced the highest year-over loss, losing 5,600 jobs. Government experienced a year-over loss of 2,900 jobs. The Manufacturing industry lost 1,700 jobs. The Trade, Transportation & Utilities industry experienced a loss of 1,400 jobs. The Professional & Business Services and Mining, Logging, & Construction industries each experienced a year-over loss of 1,200 jobs. The Other Services industry lost 600 jobs. Educational & Health Services followed close behind, losing 500 jobs. The Financial Activities industry had a loss of 200 jobs and the Information industry experienced a year-over loss of 100 jobs.

Total Farm experienced a year-over gain of 200 jobs.

Overall, employers in San Luis Obispo County have lost 15,200 jobs in the past year.

This report is written by the San Luis Obispo County Workforce Development Board Staff. 

Data Source: http://www.labormarketinfo.edd.ca.gov/

 

Related Forms & Documents

August-2020-UNEMPLOYMENT-REPORT

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